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Barchart
Barchart
Ruchi Gupta

1 Growth Stock to Buy and Hold for Long-Term Upside

LYV Ticketmaster Entertainment Live Nation Entertainment Peter Henderson

Live Nation Entertainment (LYV) is an entertainment company offering live music concert tickets to customers through its Ticketmaster arm via websites, call centers, mobile apps, and retail outlets. It also partly owns various venues such as House of Blues, The Fillmore in San Francisco, the Hollywood Palladium, Brooklyn Bowl, 3Arena in Ireland, and the Ziggy Dome in Amsterdam.

Valued at $21.77 billion by market cap, Live Nation Entertainment stock is clinging to a 17% gain over the past 52 weeks, though the shares are underperforming considerably in 2024. LYV is up just 1.3% on a YTD basis, and is down 11.6% from its 52-week high of $107.24, set in March.

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